Companies with The Climate Label provide products and services that are better for the climate, because they account for the greenhouse gas emissions from operating their business.
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01
GreenFi measured its GHG emissions in order to understand its impact on the climate and inform its plans to reduce GHGs over time.
Total 2024 GHG Emissions
2,370.9 tCO2e
Roughly equal to driving 526 gas-powered cars for one year
0.09 kgCO2e per dollar of revenue
Emissions intensity
GreenFi's emissions inventory uses a mix of spending and activity-based data. GreenFi attests to the accuracy of their data inputs and the Change Climate team reviews the submission for compliance with the Standard.
02
GreenFi is funding a portfolio of projects to support the climate transition. This portfolio includes specific actions within their operations, as well as projects elsewhere around the world.
Total climate funding
03
As part of its climate transition planning, GreenFi has established near-term actions to reduce GHG emissions within the next 12-24 months.
Active
Source of emissions
Employee commuting
Action
Implement a policy for remote work to reduce commuting emissions 90% for all of our office locations.
Status
In progress
Complete By
Q2 2024
Scope
Scope 3
Source of emissions
Electricity
Action
Transition 100% electricty consumption to renewable energy sources through our electric utility in all current and future offices.
Status
In progress
Complete By
Q1 2026
Scope
Scope 2
Source of emissions
Business travel
Action
Implement a policy for low-carbon business travel to require lower-carbon forms of travel and encourage remote options when at all possible ...read more
Status
In progress
Complete By
Q2 2024
Scope
Scope 3
Source of emissions
Action
Develop and Implement a Remote Work Carbon Reduction Program: By Q3 2025, we will implement a program to reduce the carbon footprint of empl ...read more
Status
Newly set
Complete By
2025
Scope
Scope 3
Source of emissions
Action
Implement a Sustainable Swag & Gifting Policy: By Q2 2025, we will establish a formal policy to ensure that all company-branded clothing, me ...read more
Status
Newly set
Complete By
2025
Scope
Scope 3
GreenFi has set a long-term target to reduce GHG emissions.
Active
Target
We commit to reducing 2023 Scope 1 & 2 emissions by 100% by 2030.
GreenFi is a climate-friendly banking alternative offering no mandatory fee checking accounts and high-yield savings accounts that fight climate change. GreenFi provides a debit card that allows you to round-up your change to help plant trees, earn up to 6% cashback at sustainable brands and EV charging, and neutralize gasoline emissions. Unlike traditional banks, when you bank at GreenFi your checking and savings account deposits will never go to fund fossil fuel activities. GreenFi also offers an ESG-focused mutual fund, the Redwood Mutual Fund. GreenFi's community funds over 2.5 football fields of trees each day. Join for free in less than 3 minutes!
— GreenFi
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